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To: unregmarket who wrote (1050)2/4/1998 9:45:00 AM
From: Cary C  Read Replies (2) | Respond to of 3351
 
regardless of how the shares were disposed of, the important thing is the company still owns 318,000 shares.

Its my understanding that a company has 45 days to file the report after the transaction has taken place. This would mean that the shares could've been sold over a month ago. As Mike said it could be why the stock was being held back. Another possible scenario might be that the shares just changed hands to another company. The name escapes me right now and I will look it up after this post but one company purchased 318,000 shares in the month of December increasing their position to over 5% of the company. We have not seen a filing from them yet listing them as a 5% owner of the company.

Cary